{"id":1663,"date":"2022-12-14T08:30:30","date_gmt":"2022-12-14T13:30:30","guid":{"rendered":"http:\/\/www.heywardcpa.com\/blog\/2022\/12\/14\/episode-4-what-value-means-to-your-small-business\/"},"modified":"2025-07-15T15:21:40","modified_gmt":"2025-07-15T19:21:40","slug":"episode-4-what-value-means-to-your-small-business","status":"publish","type":"post","link":"https:\/\/www.heywardcpa.com\/blog\/2022\/12\/14\/episode-4-what-value-means-to-your-small-business\/","title":{"rendered":"Episode 04-VALUE: What the term means to your Small Business!"},"content":{"rendered":"<figure class=\"video strchf-type-video regular strchf-size-regular strchf-align-center\">\n<div class=\"embed-container\">\n<div style=\"max-width: 100%; position: relative; padding-top: 56.5%;\"><iframe loading=\"lazy\" width=\"200\" height=\"113\" src=\"https:\/\/www.youtube.com\/embed\/c9qJabfik-c?feature=oembed&amp;t=119s\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen=\"\" title=\"Episode 4-What VALUE means to your Small Business!\" style=\"position: absolute; top: 0px; left: 0px; width: 100%; height: 100%;\"><\/iframe><\/div>\n<\/div>\n<\/figure>\n<p>In this episode, we talk about what value means to your small business.<\/p>\n<p>Value is the total worth of a product or service. Value is determined by the benefits that a customer derives from it. But what does this mean for you? For your small business?<\/p>\n<p>Value is fair return on Goods or Services. Relative importance, worth, or utility.<\/p>\n<p>Valuing a business can help you focus on areas for improvement. There are lots of things you can do to help secure a good valuation, including:<\/p>\n<ol type=\"1\">\n<li>planning ahead: have a solid business plan, with a focus on how you\u2019re going to achieve both short-term and long-term results<\/li>\n<li>reducing risk: for instance, if you rely on a particular group of customers, consider diversifying<\/li>\n<li>putting great processes in place: think about how you store information, whether it\u2019s financial records or simply how the business works. Often, the more you can show, the higher the confidence in the business.<\/li>\n<\/ol>\n<p>What works for one business won\u2019t always work for another. By giving an overview of several popular business valuation methods, though, we hope you\u2019re closer to understanding how much your business is worth.<\/p>\n<p>Learn more. <a href=\"https:\/\/www.youtube.com\/watch?v=c9qJabfik-c\">What VALUE means to your Small Business!<\/a><\/p>\n<p><!-- strchf script --><script>if(window.strchfSettings === undefined) window.strchfSettings = {};window.strchfSettings.stats = {url: \"https:\/\/jdotheyward.storychief.io\/en\/episode-4-what-value-means-to-your-small-business?id=613339759&type=2\",title: \"Episode 4: What VALUE means to your Small Business!\",id: \"eaaad961-befb-4e27-afb9-74339e14009e\"};(function(d, s, id) {var js, sjs = d.getElementsByTagName(s)[0];if (d.getElementById(id)) {window.strchf.update(); return;}js = d.createElement(s); js.id = id;js.src = \"https:\/\/d37oebn0w9ir6a.cloudfront.net\/scripts\/v0\/strchf.js\";js.async = true;sjs.parentNode.insertBefore(js, sjs);}(document, 'script', 'storychief-jssdk'))<\/script><!-- End strchf script --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this episode, we talk about what value means to your small business. Value is the total worth of a product or service. Value is determined by the benefits that a customer derives from it. But what does this mean for you? For your small business? Value is fair return on Goods or Services. Relative &#8230; <a title=\"Episode 04-VALUE: What the term means to your Small Business!\" class=\"read-more\" href=\"https:\/\/www.heywardcpa.com\/blog\/2022\/12\/14\/episode-4-what-value-means-to-your-small-business\/\" aria-label=\"Read more about Episode 04-VALUE: What the term means to your Small Business!\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[85],"tags":[129],"class_list":["post-1663","post","type-post","status-publish","format-standard","hentry","category-small-business","tag-heywardcpa-live"],"modified_by":"James E. Heyward CPA","_links":{"self":[{"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/posts\/1663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/comments?post=1663"}],"version-history":[{"count":4,"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/posts\/1663\/revisions"}],"predecessor-version":[{"id":1769,"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/posts\/1663\/revisions\/1769"}],"wp:attachment":[{"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/media?parent=1663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/categories?post=1663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.heywardcpa.com\/blog\/wp-json\/wp\/v2\/tags?post=1663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}